SMS is less useful than a lot of things. It doesn't mean that crypto is the solution, or that it won't get replaced by something more useful.
As for "cash on-ramps", it just shows that there's nothing inherently useful in crypto that can't be solved by other means. These are centralised points that people explicitly trust to handle their money. It's nothing new, and once societies stabilise they inevitably re-discover/re-implement all the rules and regulations you're so dismissive of (such as KYC rules).
> If you look into this, such as the Gates Foundations research on payments and remittance in bankless societies, you’d see that crypto
Let's see what Bill Gates himself says about crypto: https://www.reddit.com/r/IAmA/comments/ut7yj0/im_bill_gates_...
